Accomodation in Milan is a Mess

Socio-Economic Circumstances:

  • Too much Demand wrt to the available Offer

  • Rent Prices, for the same reason, are Overshooted

  • Condominium is a really tough component of the monthly budget and actually It does not make so much sense

  • Asymmetry of information between you and the agency Advisor

  • Time factor: you are in a Hurry, houseolds are Not

The questions you come up

The most of us:

  • Where do phisically I have to search? –> Immobiliare.it[1]

  • Where do I need my apt to be? –> select zone

  • Once you have spotted it ‘(if you made it’) you should verify if it is a good deal

  • Are they trying to steal my money? Am I going to pay a fair price?

  • Hey, I REALLY NEED SOMEONE TO TELL ME IF IT IS GOOD OR NOT, let’s find something which is similar to my option, oh I would say a Comparable

  • Do you know how many are the chances to find a Comparable ?

[1] Here it is immobiliare, n1 player in online mrkt

Odds

Now let’s try this: TRY to compute the probability to find an apartement given some certain characteristics (even location) equal to someone else with the SAME chars

Some snapshots from the App

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